Nigeria cuts MTN record $5.1 billion fine
The Nigerian government has agreed to reduce the hefty fine imposed on MTN following lengthy negotiations between the two parties. MTN Group Ltd. had its […]
Business
Tunisian-German economic forum
The second edition of the Tunisian-German economic forum currently being held in the North African country to promote a successful economic co-operation is being attended […]
China to revamp S. Africa flagging economy
China has signed 26 agreements worth R94 billion ($6.5 billion) with South Africa to support the country’s flagging economy, as President Xi Jinping met with […]
Egypt pays $546 million to investors, companies’ overdrafts remaining
The Egyptian central bank under the new leadership of Governor Tarek Amer stated that it had repaid foreign investors the backlog of their stock and […]
Africa is ‘tired of being in the dark’ AfDB Boss tells Paris COP21 Summit
President of the African Development Bank, Akinwumi Adesina, who pledged to bring electricity to the poorest parts of the continent within a decade, said on […]
Air France-KLM to make Abidjan a regional hub by 2025
Air France-KLM group on Tuesday said it expects to turn Ivory Coast’s economic capital Abidjan into its West African regional hub within a decade. “In […]
Zambia launches $2 billion hydro-power project
Zambia has begun the construction of what it says is a major hydro-power project aimed at boosting the country’s electricity generation capacity, Xinhua news agency […]
Egypt gets largest wind power station
The largest wind power station project in the Middle East and North Africa was inaugurated in Egypt on Sunday at an estimated cost of €270million […]
Nigeria: Oando to build $350 mln gas processing plant
The Head of Nigeria’s Oando said on Thursday its company plans to build a $350-million gas plant as it seeks to integrate gas production within […]
Algeria, Malta to revive bilateral cooperation
Maltese Prime Minister Joseph Muscat arrived in Algeria on Wednesday accompanied by more than 30 businessmen for a two-day working visit during which the two […]